Gordmans Stores seeks 90-day exclusivity extension to finalize plan

By Caroline Salls

Pittsburgh, June 15 – Gordmans Stores, Inc. requested an extension of its exclusive periods for filing and soliciting votes on a Chapter 11 plan, according to a motion filed Wednesday with the U.S. Bankruptcy Court for the District of Nebraska.

Specifically, the company asked the court to extend its exclusive plan-filing period by 90 days through Oct. 9 and the solicitation period through Dec. 8.

Gordmans said it has prepared a plan and related disclosure statement and provided a draft of that plan to its official committee of unsecured creditors in April “with the aim of filing that plan in the very near term.”

The company said it is in talks with the committee to obtain its support for the plan.

“To that end, the debtors request an appropriate extension of their exclusivity to permit them time to finalize a plan and analyze and address any related issues,” the motion said.

Omaha-based Gordmans is an everyday value-priced department store. The company filed bankruptcy on March 13 under Chapter 11 case number 17-80304.

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